ARM is trading 5.2% up today at $313.74, extending a sharp multi-day rally following Nvidia’s blockbuster earnings and upbeat guidance for its Arm-based processors.
- Nvidia highlighted strong demand and a $20 billion revenue forecast for its CPU lineup, which prominently features Arm designs, signaling significant future royalty growth.
- The outlook reinforces investor optimism regarding Arm’s strategic positioning and expansion within the high-growth AI and data center markets.